BCBusiness

May 2015 Bye-Bye Alberta

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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38 BCBusiness maY 2015 balization is an industry that few could have imagined existing back in the 1980s. Last Sep- tember, more than 17,000 children from around the world began their school terms here (paying almost $15,000 each in tuition), and over the course of the year some 50,000 adults arrived to study English. Were B.C. a country we'd rank fifth—behind the U.S., the U.K, Canada and Aus- tralia—as a study destination for those sectors. Throw in university students—which, admit- tedly, everyone gets—and international educa- tion is worth some $3 billion annually. It's obligatory as well to bring up the tech sector, even though ours has long been a bit of a mess. In terms of growth we haven't even kept up to the Canadian norm—which itself lags the rest of the world's—because, as they say in youth court, we made some bad choices. Had hydro- gen power or console gaming worked out a little better, boy would we be sitting pretty, but as his- tory shows, they didn't. That said, we do seem to have found a groove in the past couple of years, with the arrival on our shores of tech behemoths like IBM, Microsoft, Amazon, Facebook, SAP and Sony. Perhaps even more important is the rapid growth of homegrown start-ups, with names like Hootsuite, BuildDirect and Global Relay, each of which has employees by the hundreds and annual revenues measured in, or rapidly head- ing for, the hundreds of millions. We absolutely recognize that your tech sector is just as big as ours, but yours is heavily geared to the petro- leum industry—whereas ours is highly diverse, with a growing emphasis on social media and Let us be the first to admit, our economy has hit no home runs, or even a stand-up triple. Instead, we have strung together so many singles and doubles (along with the odd walk and a hit batter or two) that we're winning our share of games Paul josePh (left); IstoCk (mIddle); brIan hoWell (rIght)

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